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05.03.20231978Gardenia Townhomes II townhouses, which entered the market at the second stage of construction, are completely sold out. The project, which is part of the Wasl Gate Master Development project in Jebel Ali, is scheduled to be completed in Q3 2024. The cost of townhouses under construction starts from AED 2.9 million, while the tempting payment plan...
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05.03.20232213The launch of 2 of the 12 projects that the Dubai developer has planned for 2023 has already begun. Their names were inspired by the Greek islands. The construction of the Santorini and Mykonos projects in Dubai Studio City will cost AED 320 million. During the construction, environmental features and energy efficiency were taken into...
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05.03.20232617The legendary Emirates Palace Hotel in Abu Dhabi was named Emirates Palace Mandarin Oriental. With the name change, the owner of the hotel hopes to restore its position as the "iconic beach resort in the world". "Emirates Palace Mandarin Oriental in Abu Dhabi marks an important milestone for the brand and confirms our commitment to the...
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03.03.20232566Dubai had a population of 3.55 million in 2022, and it continues to grow rapidly as the city has become a second home for many expats. As the growing demand for housing exceeds the supply in the real estate market in Dubai, leading developers have launched several new residential developments, including Dubai Ritz-Carlton Residences, Mama...
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02.03.20235919Dubai has become the world’s most sought-after place among international home buyers and investors. The market of real estate in Dubai continues to grow thanks to the numerous investment-attractive opportunities, the climate and the transparent investment processes. The large worldwide investments in 2022 ensure that Dubai, and its new development...
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01.03.2023186Jumeirah Lake Towers is re-launching a large number of new facilities. The most expensive apartments cost more than AED 2 million. Verde Tower is a 58-storey building that will be located opposite Cluster H. The developer, who has recently been busy with off-plan launches, expects Verde sales to amount to AED 1.6 billion. These included...
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01.03.20232446According to the Dubai Land Department (DLD), on Monday, February 20, 2023, 561 purchase and sale transactions totaling AED 1.7 billion were made in the Dubai real estate market, as well as 100 mortgage transactions totaling AED 94.43 million and 61 gift transactions totaling AED 65.91 million. 34 plots of land worth AED 268.94 million and...
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01.03.20232399Along with food and clothing, housing is one of the most pressing basic human needs. Against the backdrop of such planetary problems as climate change, loss of biodiversity and environmental pollution, the world today is also facing a double blow of population growth – projected to reach 8.6 billion in 2030 and 9.8 billion by 2050 – and growing...
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01.03.20232307The rent in Palm Jumeirah continues to rise in 2023. The penthouse in the One at Palm skyscraper was rented for AED 1.7 million per month. The deal represents one of the largest single apartment rental deals in Dubai this year. Despite the high rent, the 4-bedroom penthouse with an area of 445 square meters was in demand because it was the...
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01.03.20232514In the Dubai real estate market, over the last month and a half of 2022, several apartments were purchased in a new tower on Sheikh Zayed Road in the amount of AED 650 million. It is reported that this is the most expensive real estate deal in Dubai to date in 2023. The new building offers houses and apartments with 2, 3 and 4 bedrooms...
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